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(IT-NEWSWIRE.COM, August 31, 2018 ) Medium Voltage Switchgears are a complete set of switchgears and control equipments used for Medium Voltage (3.6?40.5kV). It acts as a power center and a main power distribution unit. Mainly used for power lines, the main electrical equipment control, monitoring, measurement and protection. Often set in the substation, power distribution room, etc.
ABB, Schneider Electric and Siemens captured the top three revenue share spots in the Medium Voltage Switchgears market in 2016.ABB dominated with 8.39 percent revenue share, followed by Schneider Electric with 7.18 percent revenue share and Siemens with 6.65percent revenue share.
Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area, in future still more new investment will enter into the field. Technology and cost are two major problems.
Against a backdrop of tough economic climate, corporate success will critically hinge upon the ability to research and develop new innovative products at competitive prices and validate new applications for existing products to distinguish themselves from that of competitors. Growth in switchgears will also be sustained by government directives to replace older redundant systems to achieve operational safety, and security in industrial establishments.
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Over the next five years, Publisher projects that Medium Voltage Switchgears will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Medium Voltage Switchgears market by product type, application, key manufacturers and key regions.
To calculate the market size, Publisher considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Air Insulated Switchgears
Gas Insulated Switchgears
Others
Segmentation by application:
Residential
Industrial
Commercial
Utility Installations
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
ABB
Siemens
Eaton
Schneider Electric
GE Industrial
Toshiba
Hitachi
CHINT
Mitsubishi Electric
Lucy Electric
Fuji Electric
Bharat Heavy Electricals
Crompton Greaves Ltd.
BOER
Hyundai Heavy Industries
Efacec
Nissin Electric
Dual-ADE
Powell Industries
Henan Senyuan Electric
Hyosung Power & Industrial Systems
Huatech
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Some Points From Table of Content:
1 Scope of the Report
2 Executive Summary
3 Global Medium Voltage Switchgears by Players
4 Medium Voltage Switchgears by Regions
5 Americas
6 APAC
7 Europe
Continued…
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Orbis Research
Hector Costello
+1 (214) 884-6817
sales@orbisresearch.com
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